Citizens JMP opened coverage of Circle Internet Group (CRCL) with a Market Perform rating, calling the stance neutral. The firm states the current price already bakes in the expected stablecoin expansion, placing the note between bullish and bearish calls from rivals. TipRanks and other aggregators list the initiation, highlighting its midpoint relative to peer views.
Author: chloe
The Base NFTs ecosystem saw unprecedented activity during September, reaching a sales volume that exceeded $13.2 million. This remarkable growth, reported through an analysis by the DxTerminal platform, underscores the growing interest in the Coinbase-powered layer-2 network, marking a significant milestone for its position in the competitive digital collectibles market. The month demonstrated strong bullish momentum for the ecosystem’s assets.
The cryptocurrency market heads into a week of sharp swings as three events line up: the FTX Recovery Trust will hand $1.6 billion to creditors, Washington may announce new tariffs, and the Labor Department will release the monthly nonfarm payrolls report. Each event moves liquidity, risk appetite and rate-cut odds, with creditors, traders and fund managers all feeling the effects.
Aptos (APT) rose 4.1% on the session Volume clustered near support while price hovered just below the $4,338 resistance, drawing attention to the odds of follow-through and the balance of risk for both long and short positions. No fresh corporate news accompanied the move, leaving the advance to stand on technicals and order flow.
The digital asset landscape kicks off a week marked by fundamental developments and significant financial movements. The main focus is on the leadership change at the Sonic project (formerly Fantom), the imminent test network debut of Ethereum’s Fusaka upgrade, and, crucially for market liquidity, the distribution of a substantial sum to creditors of the defunct FTX exchange. These events are expected to generate volatility and boost the sector’s bullish momentum, especially in the altcoin segment.
MicroStrategy, the world’s largest enterprise software company and the biggest public holder of Bitcoin reserves, has strengthened its strategic position. CEO Michael Saylor, through a filing with the US Securities and Exchange Commission (SEC) on Monday, confirmed the acquisition of 196 additional units of the crypto asset during a recent market slump. This purchase, valued at $22.1 million, was executed while the primary cryptocurrency showed weakness, reaffirming the company’s long-term investment thesis.
Experts in technical analysis of cryptocurrency markets have identified a trio of Altcoins standing on the brink of a significant price breakout, positioned to attempt reaching new All-Time Highs (ATHs) during the first week of October 2025. This forecast emerges at a time when general market sentiment appears to be recovering, driven by Bitcoin’s (BTC) return above the $110,000 mark. BNB’s leadership in this group suggests renewed optimism, while smaller capitalized tokens like Mantle (MNT) and MYX Finance (MYX) show technical configurations that could capitalize on the sectoral momentum.
Cipher Mining set the size of its private convertible note sale at $1.1 billion, redrawing the balance sheet and setting the pace for building more data centres and high-performance-computing (HPC) sites. The notes are zero-coupon senior debt due October 1, 2031, with cash and securities settling on September 30, 2025. Because the issue carries a zero coupon and a fixed conversion ratio, the ultimate effect on share count and on funding for new facilities is large.
Layer-1 chains function as the crypto economy’s base layer in 2025, validating transactions, running smart contracts, and supplying the security that dApps, DeFi and Web3 need. Developers, institutions and service providers rely on that steady foundation, with Ethereum, Solana and Cardano placed at the core of the emerging structure. The comment stresses the part Layer-1s play in institutional uptake and in the sector’s technical layout.
Global financial markets contracted sharply this Friday after the announcement of a new round of tariffs by the Trump administration, coupled with disappointing economic data, triggered a wave of risk aversion. In this adverse context, crypto ETFs recorded their largest capital outflow of the last quarter. The Bureau of Economic Analysis (BEA) confirmed the pessimistic sentiment by reporting that GDP growth missed forecasts.